SYNNEX reports 2018 executive compensation
CEO Dennis Polk receives $7.2M
SYNNEX reported fiscal year 2018 executive compensation information on February 21, 2019.
In 2018, six SYNNEX executives received on average a compensation package of $2,833,122, a 48% decrease compared to previous year.Average pay of disclosed executives at SYNNEX
Dennis Polk, Chief Executive Officer, received $7,174,297 in total, which increased by 5% compared to 2017. 36.24% of Polk's compensation, or $2,599,982, was in option awards. Polk also received $2,268,127 in non-equity incentive plan, $642,087 in salary, $1,642,430 in stock awards, as well as $21,671 in other compensation.
For fiscal year 2018, the median employee pay was $4,615 at SYNNEX. Therefore, the ratio of Dennis Polk's pay to the median employee pay was 1,555 to one.
Christopher Caldwell, Executive Vice President and President of Concentrix Corporation, received a compensation package of $3,785,437, which decreased by 26% compared to previous year. 38.08% of the compensation package, or $1,441,540, was in non-equity incentive plan.
Peter Larocque, President, North American Technology Solutions, earned $2,686,604 in 2018, a 55% decrease compared to previous year.
Marshall Witt, Chief Financial Officer, received $1,768,880 in 2018, which decreases by 53% compared to 2017.
Simon Leung, General Counsel, earned $1,092,566 in 2018.
Kevin Murai, Chief Executive Officer, received $490,949 in 2018, which decreases by 91% compared to 2017.
SYNNEX's fiscal year ends on November 30.